/// Investors Not Overly Concerned by Airbnb Rental Nightmare

July 27, 2011  |  All Things Digital


Over the past three years, Airbnb has connected more than two million travelers looking for a place to stay in spare bedrooms and unused homes around the world. Based on that demand, investors wrote checks last week to fuel even more growth. The round, announced earlier this week , totaled a jaw-dropping $112 million, which reportedly valued the company at more than $1 billion. Already, Airbnb is back in the spotlight over a rental gone really, really wrong. On June 29, a woman in San Francisco named EJ blogged about how the apartment she rented to someone using Airbnb was completely ransacked and vandalized. Her personal documents were stolen, and ultimately, her identity was, too, during a well-executed raid that lasted for roughly a week while she was on a trip. They smashed a hole through a locked closet door, and found the passport, cash, credit card and grandmother’s jewelry I had hidden inside. They took my camera, my iPod, an old laptop, and my external backup drive filled with photos, journals… my entire life.

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Investors Not Overly Concerned by Airbnb Rental Nightmare



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